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US raises support for West Africa force fighting extremists

Bloomberg The US almost doubled its pledge for the financial support of a West African force that began deploying last year to fight a surge in militant attacks. Assistance to the force that’s known as G5 Sahel will now total $111 million, from an initial pledge of $60 million made in October 2017, Samantha Reho, a spokeswoman for the US ...

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Exxon, Chevron surprise Wall Street as Permian lifts results

Exxon, chevron surprise wall street as permian lifts results copy

Bloomberg Exxon Mobil Corp. and Chevron Corp. delivered their strongest third-quarter results in four years, capping a week in which Big Oil enjoyed profits not seen since the days of $100 crude. Both companies reported double-digit production increases in the Permian Basin, the shale region in Texas and New Mexico that’s propelling total US oil output to an all-time high. ...

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Suncor CEO goes on defensive over lagging Canadian oil

Suncor ceo goes on defensive over lagging canadian oil copy

Bloomberg Sounds like Suncor Energy Inc.’s top executive is getting tired of analysts asking questions about lagging Canadian oil prices. On the company’s earnings call, Steve Williams was met with a slew of inquiries about how Western Canadian crude’s growing gap to US barrels is affecting his company. His answer: For the most part, it’s not. That’s a response he ...

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